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by stone-monkey 2007 days ago
>Hearing MacKenzie giving away 4B of her 60B is not really impressive because you can live pretty nice with even 1B. To put it in perspective, If I made 300k (my yearly salary) / month for my entire life, I still won't have 1B.

What you're doing is impressive and commendable, no doubt. But imagine if you didn't have any of those friends to give money to - how fo you then know how to allocate your money? Or let's scale up your salary so that you're now a millionaire. How do you divvy up that money in a useful way to your friends that are in need? There comes a certain point where your friends are no longer usefully absorbing money efficiently.

2.5k a month definitely helps out a couple with kids. Now if you increased the amount to 100k a month, would you say they're efficiently spending every penny, or would a portion of that be better spent given to other families? TBH, I think spending 4B in a year is already pretty good considering it takes a lot of time to figure out how to donate in an efficient matter, outside of straight up giving cash to everyone. Otherwise I could easily see these charitable donations getting soaked up by select brand name orgs that just sit on most of the money as a warchest.

1 comments

> But imagine if you didn't have any of those friends to give money to - how fo you then know how to allocate your money?

Not sure tbh.

> Or let's scale up your salary so that you're now a millionaire.

I really don't see this happening, I plan to give out exactly what I make for the rest of my life.

> ... Now if you increased the amount to 100k a month, would you say they're efficiently spending every penny, or would a portion of that be better spent given to other families?

Judging from my other engineering peers, I would say 0% of my peers are "efficiently spending every penny". Or 100%, depending on how much you value mental health. One could argue that buying a Peloton is great for mental health. :shrug: